Today: 25 June 2026

Khadija Saeed

Khadija Saeed is a financial markets reporter at TS2.tech, specializing in stocks, technology and emerging industries. She studied economics and finance at the London School of Economics and previously worked in market research before moving into financial journalism. Her coverage focuses on the companies, innovations and economic trends influencing global investors.

IBM Earnings Beat Isn’t Enough as AI Fears Slam Software Stocks

IBM Earnings Beat Isn’t Enough as AI Fears Slam Software Stocks

IBM shares dropped 9.5% Thursday despite first-quarter earnings beating estimates, as investors worried AI tools could threaten its software and consulting business. ServiceNow fell 17.5% and the iShares Expanded Tech-Software ETF lost 5.6%. IBM reported $15.9 billion in revenue, up 9%, but growth slowed from the prior quarter and guidance was unchanged.
23 April 2026
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Lululemon Stock Sinks as Heidi O’Neill CEO Hire From Nike Fails to Calm Investors

Lululemon Stock Sinks as Heidi O’Neill CEO Hire From Nike Fails to Calm Investors

Lululemon Athletica named former Nike executive Heidi O’Neill as its next CEO, sending shares down about 12% Thursday morning. O’Neill starts Sept. 8 amid a proxy fight and weak U.S. sales; the stock had already dropped 38% in the past year. Fourth-quarter revenue rose 1% to $3.6 billion, with Americas revenue down 4%. Wall Street analysts voiced skepticism over the appointment and company outlook.
23 April 2026
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FirstEnergy Ohio Rate Plan Could Add $4-$5 a Month to Bills as May 22 Filing Nears

FirstEnergy Ohio Rate Plan Could Add $4-$5 a Month to Bills as May 22 Filing Nears

FirstEnergy’s Ohio utilities will file a three-year rate plan with state regulators by May 22, seeking to fund $800 million annually in grid upgrades and $83 million for tree trimming. The plan would raise monthly bills for typical 1,000-kWh households by $4.26 to $5.30 if approved. The filing follows recent rate cases by AES Ohio and AEP Ohio under the new House Bill 15 regime.
23 April 2026
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American Airlines Q1 Earnings Beat, but $4 Billion Fuel Shock Forces 2026 Outlook Cut

American Airlines Q1 Earnings Beat, but $4 Billion Fuel Shock Forces 2026 Outlook Cut

American Airlines cut its 2026 profit outlook Thursday, citing a $4 billion jump in jet fuel costs linked to prices near $4 a gallon. The carrier now expects full-year adjusted earnings between a 40-cent-per-share loss and a $1.10 profit, down from its previous $1.70 to $2.70 forecast. First-quarter revenue hit a record $13.91 billion, with a narrower-than-expected loss of 40 cents a share. Shares fell 28 cents premarket.
23 April 2026
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Lockheed Martin Q1 Earnings Miss Sends Stock Lower as F-16, C-130 Delays Bite

Lockheed Martin Q1 Earnings Miss Sends Stock Lower as F-16, C-130 Delays Bite

Lockheed Martin reported first-quarter earnings of $6.44 per share on $18.02 billion in sales, missing analyst estimates as F-16 and C-130 delays cut into margins. Net income fell to $1.49 billion from $1.71 billion a year earlier. Shares dropped 2.8% premarket to $555.43. The company kept its 2026 outlook unchanged despite pressure in its Aeronautics unit and rising missile and space sales.
23 April 2026
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Mortgage Rates Fall Again, Homebuyers Return — but Bay Area Prices Stay Above $2 Million

Mortgage Rates Fall Again, Homebuyers Return — but Bay Area Prices Stay Above $2 Million

U.S. mortgage rates fell again this week, with the average 30-year fixed rate dropping to 6.30%, according to Freddie Mac. Mortgage applications rose 7.9% for the week ending April 17, and purchase applications jumped 10%. Pending home sales increased 1.5% in March. Median home prices in San Francisco, San Mateo, and Santa Clara counties stayed above $2 million despite the rate drop.
23 April 2026
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Xfinity Mobile Launches New $30 and $45 Plans, Adds Device Protection to Top Tier as Comcast Hits Record Wireless Growth

Xfinity Mobile Launches New $30 and $45 Plans, Adds Device Protection to Top Tier as Comcast Hits Record Wireless Growth

Comcast launched two new Xfinity Mobile plans with flat per-line pricing, ending multiline discounts and adding device protection to the top tier. Mobile Plus costs $45 per line monthly, Mobile Select $30. The move follows record wireless growth, with 435,000 new lines last quarter, while broadband losses continued. Comcast shares rose nearly 8% after beating Wall Street estimates.
23 April 2026
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Bitcoin Near $78,000 Is Rewiring Online Casinos in 2026 as $2 Deposits Become the New Battleground

Bitcoin Near $78,000 Is Rewiring Online Casinos in 2026 as $2 Deposits Become the New Battleground

Crypto Adventure on April 23 ranked Rakebit highest for small deposits among crypto casinos as Bitcoin traded near $77,793. Britain’s remote gaming duty rose to 40% this month, raising costs for mainstream bookmakers. Rakebit’s minimum deposit is about $2 in crypto, while Rainbet and Coins.Game set higher thresholds. New York’s attorney general sued Coinbase and Gemini this week, signaling increased regulatory scrutiny.
23 April 2026
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Super Micro (SMCI) Faces Fresh Lawsuit Deadline as DOJ Overhang Clouds AI Growth

Super Micro (SMCI) Faces Fresh Lawsuit Deadline as DOJ Overhang Clouds AI Growth

Super Micro Computer faces a May 26 deadline for shareholders seeking lead plaintiff status in a securities lawsuit alleging undisclosed China sales and export-control lapses. The company’s stock rose 2.7% Thursday but remains volatile after March criminal charges against former employees triggered a 33% drop. Super Micro is cooperating with investigators and says independent directors are overseeing a board probe.
23 April 2026
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Capital One $425 Million Settlement Gets Final Approval — When 360 Savings Payments May Arrive

Capital One $425 Million Settlement Gets Final Approval — When 360 Savings Payments May Arrive

A federal judge in Virginia has approved Capital One’s $425 million settlement over low-interest 360 Savings accounts, clearing payouts for account holders from September 2019 to June 2025. Payments are set to begin July 21 if there is no appeal. Current 360 Savings customers will get the higher 360 Performance Savings rate once the deal takes effect. Plaintiffs’ lawyers were awarded $32 million in fees.
23 April 2026
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Lam Research stock jumps after record quarter, stronger forecast points to more AI chip spending

Lam Research stock jumps after record quarter, stronger forecast points to more AI chip spending

Lam Research reported record March-quarter revenue of $5.84 billion, up 24% from a year ago, and adjusted earnings of $1.47 a share, both above Wall Street forecasts. Shares rose about 4% after hours. China accounted for 34% of revenue. Lam raised its 2026 wafer fabrication equipment outlook to $140 billion and forecast stronger June-quarter results than expected.
23 April 2026
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Lululemon names former Nike executive Heidi O’Neill CEO as founder pressure mounts

Lululemon names former Nike executive Heidi O’Neill CEO as founder pressure mounts

Lululemon named former Nike executive Heidi O’Neill as CEO, effective Sept. 8, amid pressure from founder Chip Wilson and Elliott Investment Management. The announcement follows a 4% drop in Americas revenue last quarter, while international sales climbed 17%. O’Neill will join the board and be based in Vancouver. Interim co-CEOs Meghan Frank and André Maestrini will return to their previous roles in September.
23 April 2026
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Texas Instruments Stock Jumps as Strong Forecast Signals Chip Demand Is Waking Up

Texas Instruments Stock Jumps as Strong Forecast Signals Chip Demand Is Waking Up

Texas Instruments projected second-quarter revenue of $5.00–$5.40 billion and earnings per share of $1.77–$2.05, both above analyst estimates. First-quarter revenue rose 19% to $4.83 billion, with net income up to $1.55 billion. Shares jumped about 8% in after-hours trading. The company cited stronger demand from data-center and industrial customers.
22 April 2026
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ServiceNow Stock Sinks As Iran War Hits Deals And CEO Calls AI Threat ‘Parlor Tricks’

ServiceNow Stock Sinks As Iran War Hits Deals And CEO Calls AI Threat ‘Parlor Tricks’

ServiceNow shares dropped 14% in after-hours trading Wednesday after the company said Middle East conflict delayed several large deals, despite raising its annual subscription revenue forecast. First-quarter subscription revenue rose 22% to $3.67 billion. Short interest in the stock stood at 2.9%, with shares down about 35% this year before earnings. CEO Bill McDermott highlighted growing demand for AI products, raising the 2026 AI sales target to at least $1.5 billion.
22 April 2026
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Tesla Earnings Surprise: $1.4 Billion Cash Flow Steals Focus From Revenue Miss

Tesla Earnings Surprise: $1.4 Billion Cash Flow Steals Focus From Revenue Miss

Tesla reported $1.44 billion in free cash flow for the first quarter, sending shares up 3.4% in late trading, despite revenue of $22.39 billion missing Wall Street estimates. Vehicle deliveries rose 6% to 358,023 but lagged forecasts, while global inventory climbed to 27 days of supply. Net income rose 17% to $477 million. Tesla ended the quarter with $44.74 billion in cash and short-term investments.
22 April 2026
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Warner Bros. Discovery Shareholders Are Hours From Paramount Vote That Could Redraw Hollywood

Warner Bros. Discovery Shareholders Are Hours From Paramount Vote That Could Redraw Hollywood

Warner Bros. Discovery shareholders face a Wednesday night deadline to vote on Paramount Skydance’s $110 billion takeover offer, with a special meeting set for Thursday morning. Shares traded 12% below the $31-per-share offer Wednesday, signaling investor doubts despite board support. The U.S. Justice Department has issued subpoenas, and UK regulators are reviewing the deal. Nearly 3,500 industry figures have signed an anti-merger letter.
22 April 2026
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TSMC Debuts A13, Holds Off on ASML’s High-NA EUV Tools Until 2029

TSMC Debuts A13, Holds Off on ASML’s High-NA EUV Tools Until 2029

TSMC unveiled its A13 chip technology Wednesday, confirming it will not adopt ASML’s High-NA EUV machines before 2029. The A13 node offers 6% area savings over A14 and maintains design compatibility. TSMC also introduced N2U, a 2-nanometer variant due in 2028. The company is expanding advanced packaging, with a 14-reticle CoWoS platform planned to combine large compute dies and high-bandwidth memory.
22 April 2026
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ASML Says It Can Keep Up With AI Chip Boom in 2026, but China Curbs Still Loom

ASML Says It Can Keep Up With AI Chip Boom in 2026, but China Curbs Still Loom

ASML CEO Christophe Fouquet told investors the company will not be a bottleneck for chipmakers in 2026 after boosting capacity and productivity. ASML last week raised its 2026 sales forecast to 36–40 billion euros following first-quarter sales of 8.8 billion euros and net income of 2.8 billion euros. Risks remain from U.S. export controls on China and the pace of next-generation EUV tool adoption.
22 April 2026
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Stock Market Updates

Micron Technology (NASDAQ: MU) gains ahead of earnings; Street eyes $20.57 EPS bar

Micron headed for $200 billion jump before the bell on AI memory deals

25 June 2026
Micron soared 16.7% premarket to $1,224.01 after locking in $100 billion of minimum-price customer contracts and $22 billion in projected deposits, signaling investors are valuing its multi-year supply deals and price floors over spot-market risks as DRAM and NAND prices surged, with management forecasting tight supply “beyond 2027” and fourth-quarter revenue guidance at $50 billion.
SoFi Stock Slips Before The Open As Stablecoin News Meets A Weak Nasdaq Tape

SoFi pushes at $18 after AI Composer agreement

25 June 2026
SoFi surged past Wall Street’s $18 median target after its Composer AI investing deal but closed at $17.31, with 74% higher-than-average volume; 2026 EPS estimates remain flat, and the stock trades at about 29 times expected earnings, as investors await signs of real revenue impact from the new product.
SpaceX Starlink launch times Vandenberg pace to investor watch

SpaceX Starlink launch times Vandenberg pace to investor watch

25 June 2026
Short interest in SpaceX (NASDAQ:SPCX) surged to 13% of free float as shares traded at $156.08 premarket after closing at $154.54, following the company’s 59th Starlink-linked Falcon 9 launch this year; Starlink now accounts for about 60% of SpaceX’s $18.67 billion revenue, but the company posted a $4.94 billion net loss after the xAI merger.
Alibaba sheds HK$88 billion after dispute over Anthropic Claude AI claim

Alibaba sheds HK$88 billion after dispute over Anthropic Claude AI claim

25 June 2026
Alibaba (HKG:9988) plunged 4.43% to HK$95.00, wiping out HK$88 billion in value, after Anthropic accused operators linked to Alibaba’s Qwen AI lab of making 28.8 million illicit Claude exchanges—1.8 times prior cases—raising fresh risks for Alibaba’s key AI-cloud growth story as U.S. security scrutiny intensifies.
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